Outlook 2009: Half empty or half full?
Richard Hunter, head of UK equities at Hargreaves Lansdown, considers market prospects for 2009.
They say that it takes two views to make a market. As the usual December round of market forecasts have been mulled over, the difficulty of reading the current market is as apparent as ever.
A recent US research piece - relevant since the US market will probably largely dictate prospects for the UK market next year - suggests that on an historic basis, the only comparable market period was in 1974.
To read the rest of the article you'll need to log in below
If you've forgotten your details click here for a reminder.
If you haven't got an account, it's free and it only takes a minute to set one up,
click here to register
- login or register to post comments
- Add to a social bookmarking site
The Bottom Line:If Mr Cable has his way...
"If Mr Cable had his way, all the big banks would be broken up and bonuses would be virtually eliminated - a sure-fire way in my view of guaranteeing an end to the UK’s ability to compete as an international financial centre. Let’s not forget that this is a man who is on record as saying that everyone who works in a bank has an ‘aristocratic lifestyle’ clearly demonstrating his lack of understanding of the sector." A tough line on bankers’ bonuses could make a brain drain of financial talent a distinct possibility, warns Paul Marsden. Read more